home selling: Biggest Home Seller Mistakes
- 02/02/14 12:04 AM
10 Biggest Home Seller Mistakes Are you trying to sell your home? If your goal is to sell it quickly and for the best price, don't fall into the rut of thinking that your home is the exception to the rule and that a buyer will come along and fall in love with the house, dispite any of its imperfections and be willing to pay full price and then some. Instead, you'd do well to avoid making these 10 biggest seller mistakes (collected via a recent survey of real estate agents by Activerain). Real Estate Agents Rank Biggest Home Seller Mistakes
A recent survey … (10 comments)
home selling: Come On In? Not Yet. A Vacant Home Isn’t An Invitation to Show Anytime
- 12/08/13 08:37 AM
A vacant home is not an invitation to just come on in. Often homes that appear to be vacant, really aren't and even vacant homes aren't always vacant. A friend or family member might be staying there temporarily, there may be workers present, the floors may have been newly waxed and refinished or an alarm may need to be deactivated. Viewing one without an appointment is equivalent to trespassing. Michael Jacobs does a great job explaining why a vacant home isn't just an invitation to show anytime. Come On In? Not Yet. A Vacant Home Isn’t An Invitation to Show Anytime … (8 comments)
home selling: The One Thing Buyers Are Looking For That Sellers Should Not Provide
- 11/26/13 07:50 AM
If you're looking to sell your home for a great price, then do your best to show off your home in the best possible light. Buyers are trying to find ways to justify their low offers and will use the homes condition and need of improvement to negotiate the price down. Sharon Tara does a great job of letting us know why smart sellers should address all home improvement issues before listing.
Home buyers don't want to pay full asking price, they want to pay below asking price. As soon as a buyer finds a home they like, they start … (3 comments)
home selling: Advice for Sellers
- 08/15/13 12:26 PM
Many of todays sellers, with the media shouting about a strong sellers market, have the perception that their house will sell automatically, quickly and at a higher price. Priced right, marketed properly and presented well a home may sell quickly, but it takes more than just popping a sign in the yard. Here's some great advice via Holly Weatherwax on some steps a seller can take to help get their homes sold. If you live in Rockland County NY and are thinking of selling your home, give me a call, Leah Stern 914-772-4528 and I'll be happy to help you get it … (3 comments)
home selling: June 2013 Market Report for Rockland County NY By Area
- 07/04/13 12:30 PM
Rockland County NY June 2013 Monthly Market Report Let's take a look at what the market has been doing in Rockland County NY for June 2013 The number of new listings coming onto the market is slowing down. This month the number of homes under contract is down too. That's not surprising since as we get closer to summer the market slows down as everyone heads into vacation mode. The average number of days a home is on the market before it sells has been steadily decreasing. This is due to activity in certain markets with well priced homes in show … (7 comments)
home selling: May 2013 Market Report for Rockland County NY By Area
- 07/04/13 11:57 AM
Rockland County NY May 2013 Monthly Market Report Let's take a look at what the market has been doing in Rockland County NY for May 2013 The number of new listings coming onto the market is beginning to slow down but the number of homes under contract is rising. That's good news. It means the buyers are out there. The average number of days a home is on the market before it sells has been steadily decreasing. This too means that the buyers out there are serious about purchasing. The sale price to listing price ratio is increasing as sellers price more … (2 comments)
Sales of condos in Haverstraw, Rockland County NY have been slowing down with inventory very high. The day on market have been climbing and we continue to be in a severe buyers market. Even with the decline in prices the condo market here has been very slow moving. The units that are moving are those that are well priced and in move in condition. A contributing factor to the increasing number of days on market is the number of short sales on … (0 comments)
How's the condo market doing in Clarkstown, in Rockland County NY?
Sales of condos in Clarkstown, Rockland County NY have been steadily improving. Average list price and sales prices have been steadily increasing and things are moving off the market more rapidly. We can finally say that the market in Clarkstown is balanced with flat to moderate depreciation. Clarkstown is one of the top rated school systems in the county, and most of the newer condo townhome units in ROckland County are located in this area. As a result, Clarkstown … (2 comments)
home selling: Get YOUR offer accepted in a bidding war. Here's how to do it.
- 05/06/13 11:16 AM
In today's real estate market houses that are priced right and show ready are experiencing mutiple offer situations. IF you as a buyer find yourself in just such a situation, here are some great tips via Janna Rankin on how to strenghten your offer so that it stands out from the crowd and makes yours the winning bid. If you're a buyer looking to purchase a home in Suffern NY or anywhere else in Rockland County and want some help navigating the current real estate market give me a call at 914-772-4528 and we'll help you snag that home of your … (2 comments)
home selling: April 2013 Market Report for Rockland County NY By Area
- 05/03/13 12:52 AM
Rockland County NY April 2013 Monthly Market Report Let's take a look at what the market has been doing in Rockland County NY for April 2013 Active listings have been increasing indicative of a spring market. Pending home sales rose 10% since last month - the buyers are out there!. The average number of days on market is down about 10% on average and the sale price to listing price ratio is increasing as sellers price more realistically and buyers who are afraid of loosing out on the home of their choice to other competing buyers are willing to pay more … (2 comments)
home selling: January - March 2013 Rockland County NY Quarterly Market Report
- 04/16/13 01:16 AM
Rockland County NY January - March 2013 Quarterly Market Report Let's take a look at what the market has been doing in Rockland County NY for the first quarter of 2013. January started with a bang but, February sales and activity were disappointing with sales nowhere as strong as January's indications. However the pending sales for February were all pointing to a good and active March and it did not disappoint. Overall there is more activity in the market with buyers finally coming out and trying to snag a deal before the market turns into a sellers market. Though that is … (0 comments)
home selling: March 2013 Market Report for Rockland County NY By Area
- 04/04/13 10:10 AM
Rockland County NY March 2013 Monthly Market Report Let's take a look at what the market has been doing in Rockland County NY for March 2013. January started with a bang but, February sales and activity were disappointing with sales nowhere as strong as January's indications. However the pending sales for February were all pointing to a good and active March and it did not disappoint. Overall there is more activity in the market with buyers finally coming out and trying to snag a deal before the market turns into a sellers market. Though that is happening in many areas … (12 comments)
home selling: Rockland County NY January 2013 Monthly Market Report
- 02/13/13 12:14 AM
Rockland County NY January 2013 Monthly Market Report This year is well under way and flying by. We're already a month and a half into 2013 and sales are up this January as compared to last January. Hopefully its an indication of good things to come. Let's take a look at what the market has been doing in Rockland County NY.
Though we are still in a buyers market, the number of homes sold per month is increasing. The average sale price, except for Orangetown and Haverstraw, has been increasing, though moderately. If things continue this way for the … (2 comments)
When a house does not appraise the buyer is usually protected by the mortgage contingency that is included in the purchase offer of the home or the contract of sale. With a mortgage contingency in place, If the bank will only award you a mortgage for up to 80% of the appraised value of the home, and the house doesn't appraise at the agreed upon sale price then the buyer will not be able to get the full mortgage he's counting on and the mortgage contingency will … (40 comments)
home selling: Are You Prepared to Close? - What to Bring to the Closing Table
- 06/22/11 03:37 PM
Are You Prepared to Close? - What to Bring to the Closing Table Congratulations!! You're about to purchase a home. You've successfully negotiated the offer, completed inspections and appraisals, you have your mortgage commitment and you're cleared to close. The closing is cheduled and you need to come prepared. Here's a great list by Toni Weidman for both buyers and sellers of what you need to do in preperation for the closing and what to bring with you to the closing table.
The sellers and buyers always ask (after the inspections, and appraisals are done): What do I need to … (13 comments)
home selling: The Longer the Shelf Life, The Less Chance You Have of Selling Your Home
- 05/28/11 04:30 PM
For sellers with homes currently on the market, so often the first offer you get on the house will be your best offer, especially so in a declining market. Though you may be disappointed with the dollar amount offered, you might want to consider that "the longer the shelf life, the less chance you have of selling your home" and maybe you ought to reconsider that offer. Debe Maxwell does a great job of explaining just why.
The Longer the Shelf Life, The Less Chance You Have of Selling Your Home "HELP! We've received an offer on our home...and … (3 comments)
home selling: Deal Breakers and How to Safeguard Against Them
- 05/24/11 03:50 PM
Deal Breakers and How to Safeguard Against Them You've found the house of your dreams, you've successfully negotiated a purchase price that's satisfactory to both you and the sellers and you're fully under contract for the sale. Things are moving along nicely, everything seems to be in order and you're looking forward to the move. But then deal braking issues start to present themselves and it begins to look like the house of your dreams may just not wind up becoming your new dream home.
As a new prospective buyer here are some things that you should be aware of … (27 comments)
home selling: 10 Things NOT to do if YOUR HOME IS FOR SALE.
- 05/22/11 03:37 PM
Here's a great post by Judi Barrett that's a must read for any seller or potential seller that wants to get their home sold. You may be aware of the things you should be doing, here's a list of things you absolutely should not be doing if you want that house to sell!
10 things NOT to do if YOUR HOME IS FOR SALE. Let's keep it simple.. I don't need to tell you a story... weave a long discussion. These items are not up for debate. IF you want to sell your home DO NOT: Tell ANYONE "I've … (12 comments)
home selling: How to Compete with Foreclosures
- 04/07/11 03:57 PM
How to Compete with Foreclosures With the numbers of short sales and forclosures flooding the housing market, home sellers can find it discouraging competing for buyers against these low priced foreclosed properties. Karen Bernetti has written a great post advising How to Compete with Forclosures.
Discouraged home sellers often ask me how their home can possibly compete against low-priced foreclosed properties in their neighborhood. My answer - the same way Neiman Marcus competes with Walmart. They're really is no competition - just different products and different buyers. There are different kinds of home buyers. Sellers, you need to think about … (9 comments)
home selling: With regard to Short Sales -- TIME IS MONEY!
- 01/31/11 07:28 PM
There's nothing short about short sales but there are things we can do to streamline the communication process and get it to move faster - afterall, "time is money" (why can't the banks just "get it"). Wouldn't it be great if there were a uniform package and process from all lenders across the board and wouldn't it be nice if they just answered their phones and did a better job of communicating? Tish Lloyd says it all so well in this step by step approach to short sales.
With regard to Short Sales -- TIME IS MONEY! In an … (3 comments)
10 Biggest Home Seller Mistakes
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